Index of Eight Core Industries

Question: Consider the following statements regarding Index of Eight Core Industries, November 2018: 1) The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). 2) The Natural Gas production increased by 0.5 % in November 2018. 3) Petroleum Refinery production increased by 2.3% in November 2018. 4) Coal production increased by 6% in November 2018. Correct option: (a) 1, 2 and 4 (b) 2, 3 and 4 (c) 1, 2 and 3 (d) All of the above. Answer: (c) Related facts:

The Eight Core Industries shares 40.27% of the total weight of items included in the Index of Industrial Production (IIP). The summary of Index of Eight Core Industries (base 2011-12) is given:

Coal: Coal production has increased by 3.7% in November, 2018. The cumulative index also increased by 9% during April-November 2018-19 over corresponding period of the previous year.

Crude Oil: Its production decreased by 3.5% in November, 2018 over November 2017 and the cumulative Index saw a decline by 3.6% during April-November 2018-19 over corresponding period of the previous year.

Natural Gas: Its production increased by 0.5% in November 2018 over the same in 2017 and its cumulative index decreased by 0.7% during April-November 2018-19 over corresponding period of the previous year.

Petroleum Refinery: Its production increased by 2.3% in November 2018 over November 2017 and the cumulative index increase by 5.3% during April-November 2018-19 over corresponding period of the previous year.

Fertilizers Production: Its production decreased by 8.1% in November 2018 over November 2017 and its cumulative index declined by 1.3% during April-November 2018-19 over corresponding period of the previous year.

Steel: Its production increased by 6% in November 2018 over November 2017 and cumulative index increased by 3.7% during April-November 2018-19 over corresponding period of the previous year.

Cement: Its production increased by 8.8% in November 2018 over November 2017 while its cumulative index increased by 14.2% during April-November 2018-19 over corresponding period of the previous year.

Electricity Generation: Its production increased by 5.4% in November 2018 over November 2017 while its cumulative index increased by 6.7% during April-November 2018-19 over corresponding period of the previous year.